Unlock Maximize Business Value From IT Through Benefits Realization

Get Instant Access

Do not fill in this field

Full Name

Email

Company

Phone

Job Function

Job Title

IT Staff

Country

Yes. I would like to receive email updates from Info-Tech Research Group that include advice
and resources to help systematically improve my IT department.
You may unsubscribe at any time. By clicking the "Unlock" button, you are agreeing to the Info-Tech Research Group Terms of Use and Privacy Policy.

Maximize Business Value From IT Through Benefits Realization

Unlock Maximize Business Value From IT Through Benefits Realization

Get Instant Access

Do not fill in this field

Full Name

Email

Company

Phone

Job Function

Job Title

IT Staff

Country

Yes. I would like to receive email updates from Info-Tech Research Group that include advice
and resources to help systematically improve my IT department.
You may unsubscribe at any time. By clicking the "Unlock" button, you are agreeing to the Info-Tech Research Group Terms of Use and Privacy Policy.

Your Challenge

IT and the business are often misaligned because business value is not well defined or communicated.

Decisions are made without a shared perspective of value. This results in cost misallocation and unexploited opportunities to improve efficiency and drive innovation.

Our Advice

Critical Insight

IT exists to provide business value and is part of the business value chain. Most IT organizations lack a way to define value, which complicates the process of making value-based strategic business decisions.

IT must link its spend to business value to justify its investments. IT doesn’t have an established process to govern benefits realization and struggles to demonstrate how it provides value from its investments.

Pursue value, not technology. The inability to articulate value leads to IT being perceived as a cost center.

Impact and Result

Ensure there is a common understanding within the organization of what is valuable to drive growth and consistent strategic decision making.

Equip IT to evaluate, direct, and monitor investments to support the achievement of organizational values and business benefits.

Align IT spend with business value through an enhanced governance structure to achieve cost optimization. Ensure IT visibly contributes to the creation and maintenance of value.

Research & Tools

Start here – read the Executive Brief

Read our concise Executive
Brief to find out why you should establish a benefits realization process, review
Info-Tech’s methodology, and understand the four ways we can support you in
completing this project.

Onsite Workshop

Book Your Workshop

Onsite workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost onsite delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.

Module 1: Understand Business Value

The Purpose

Establish the business value statement.

Understand the importance of implementing a benefits realization process.

Key Benefits Achieved

Unified stakeholder perspectives of business value drivers

Establish supporters of the initiative

Activities

Outputs

1.1

Understand what governance is and how a benefits realization process in governance will benefit the company.

Stakeholder buy-in on benefits realization process

1.2

Discuss the mission and vision of the company, and why it is important to establish the target state prior to defining value.

Understanding of interrelations of mission, vision, and business value drivers

1.3

Brainstorm and narrow down organization value drivers.

Final three prioritized value drivers

Completed business value statement

Module 2: Incorporate Benefits Realization Into Governance

The Purpose

Establish the intake, assessment and prioritization, and output and monitoring processes that are involved with implementing benefits realization.

Assign cut-over dates and accountabilities.

Establish monitoring and tracking processes.

Key Benefits Achieved

A thorough implementation plan that can be incorporated into existing governance documents

Book an Appointment

IT Research & Advisory Services

Do not fill in this field

Full Name

Email

Company

Phone

Job Function

Job Title

IT Staff

Country

Yes. I would like to receive email updates from Info-Tech Research Group that include advice
and resources to help systematically improve my IT department.
You may unsubscribe at any time. By clicking the "Submit" button, you are agreeing to the Info-Tech Research Group Terms of Use and Privacy Policy.